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ParcBit: €68 million — enough to send Mallorca into the Mediterranean tech race?

ParcBit in Mallorca: what it is and why it matters

ParcBit is Mallorca’s tech park near Palma. The new funding aims to improve buildings, energy and conditions for companies.

Published: April 22, 2026
ParcBit: €68 million — enough to send Mallorca into the Mediterranean tech race?

Answer

What is ParcBit in Mallorca, and why is it getting new investment?

ParcBit is Mallorca’s main technology park, near Palma, where companies, researchers and start-ups work in a shared business environment. The new investment is meant to improve infrastructure, buildings and energy systems, and to make the site more attractive for skilled workers and companies.

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